
Licorice Candy Market Size Outlook, 2024- by Type (Black Licorice, Red Licorice, Salty Licorice, Others), Application (Personal Consumption, Hotels, Restaurants, Institutes, Others), Ingredients (Licorice Extract, Sugar, Starch/Flour, Gelatine, Gum Arabi
Description
Licorice Candy Market Size Outlook, 2024- by Type (Black Licorice, Red Licorice, Salty Licorice, Others), Application (Personal Consumption, Hotels, Restaurants, Institutes, Others), Ingredients (Licorice Extract, Sugar, Starch/Flour, Gelatine, Gum Arabic, Others), Distribution Channels (Online, Retail Stores, Super Markets, Hypermarkets, Others), Packaging (Re-closable Zipper Bags, Lay Down Bags, Overwraps, Stand Up Pouches, Others)- Industry Growth, Trends, Opportunities, Share, and Companies Analysis to 2032 Report
The Licorice Candy market is poised to register a CAGR of 7.63% between 2024 and 2032. The market growth is driven by steady demand and new product launches. Leading Licorice Candy market companies are investing in strengthening supply and distribution channels and opting for aggressive marketing strategies to gain market shares in the profitable industry.
Licorice Candy market Overview, 2024
Licorice Candy Market Drivers and Challenges
The global Licorice Candy Market study analyzes the most important driving forces and potential challenges facing Licorice Candy Market companies. Consumer spending continues to be the key driver of growth with companies investing in aggressive marketing strategies. Inflation continues to moderate in multiple regions and countries with increased investments in product launches, and promotion activities widely observed. Strengthening the supply chain and focusing on niche markets remain the key growth strategies.
Licorice Candy Market Segmentation Analysis
The Licorice Candy Market report forecasts the market size across segments and regions from 2020 to 2032. Annual forecasts are given for each of the five regions including North America, Europe, Asia Pacific, Middle East Africa, and South America Licorice Candy Market industries. Licorice Candy Market Segmentation-
Type (Black Licorice, Red Licorice, Salty Licorice, Others), Application (Individuals, Hotels, Restaurants, Institutes, Others), Ingredient (Licorice Extract, Sugar, Starch/Flour, Gelatine, Gum Arabic, Others), Distribution Channel (Retail Stores, Supermarkets and Hypermarkets, Online, Others), Packaging (Re-closable Zipper Bags, Lay Down Bags, Overwraps, Stand Up Pouches, Others)
Licorice Candy Market Industry Strategic Analysis Review
The Licorice Candy Market Study presents macroeconomic analysis, scenario analysis, and Porter’s five forces analysis. Threat of Substitutes, Threat of New Entrants, Competitive Rivalry, and Bargaining Power of Buyers and Suppliers are provided for a detailed understanding of the global Licorice Candy Market industry.
North America Licorice Candy Market Outlook, 2018 to 2032
The Licorice Candy Market study analyzes three countries across North America- the US, Canada, and Mexico. Further, the report identifies the most important opportunities across the region. North American market outlook by types, applications, and countries is provided from 2018 to 2032.
Europe Licorice Candy Market Outlook, 2018 to 2032
The European region is likely to witness steady growth in the medium to long-term future, driven by increasing demand in Western European countries. The year 2024 presents a strategic opportunity for Licorice Candy Market companies across the industry value chain. Despite investors continuing to expect strong inflationary pressures over the medium to long term, the market prospects remain resilient during the forecast period. The report analyzes the key market trends and opportunities shaping the European market across types and applications. Further, market size growth is forecast from 2018 to 2032 for Germany, the UK, France, Spain, Italy, Russia, and rest of the Europe.
Asia Pacific Licorice Candy Market Outlook, 2018 to 2032
Countries globally are seeking to invest in Asia Pacific markets, owing to robust growth prospects in the region. Potential markets including China, India, Indonesia, Malaysia, Japan, South Korea, South East Asia, and the rest of Asia Pacific are analyzed in the study. China's growth accelerated since the economy fully opened while India is predicted to be the fastest-growing major economy in the world in 2023.
In particular, potential emerging markets including India are set to be among the fastest-growing major economies in the world. Further, demand conditions in South East Asia remain optimistic with urban consumption rising and rural demand indicators improving significantly over the forecast period.
South America Licorice Candy Market Outlook, 2018 to 2032
Inflation in emerging markets eased during 2023, especially in Brazil. Reflecting in-depth research, the study reveals the key trends that could shape the market landscape in the year ahead. Accordingly, the Licorice Candy Market South America market size is poised to increase rapidly over the forecast period. High inflation continues to drag on consumer sentiment but shows signs of recovery. The report forecasts the Licorice Candy Market size across Brazil, Argentina, and the rest of South America.
Middle East and Africa Licorice Candy Market Outlook, 2018 to 2032
On a regional basis, the Middle East and Africa present robust demand prospects over the forecast period. Faster GCC growth and an acceleration of economic activity in North Africa support the market outlook. Middle East markets including Saudi Arabia, the UAE, Kuwait, and others are analyzed in the study. In addition, African countries including South Africa, Egypt, and Nigeria are also analyzed in the study.
Licorice Candy Market Competitive Analysis, 2023
The report provides the competitive profiles of the leading 10 companies in the global Licorice Candy Market industry. Business description, SWOT analysis, products and services, and financial profiles of the leading companies are provided in the Licorice Candy Market study.
Macroeconomic and Demographic Analysis
As the industry continues to be characterized by geopolitical and economic factors, the report analyzes the GDP, population, and other macroeconomic factors. Forecasts of these factors by leading countries are provided from 2010 to 2032.
Licorice Candy Market News and Developments
The Licorice Candy Market report presents the most recent developments and their impact on the global Licorice Candy Market companies. Key developments including news, deals, acquisitions, and other updates are profiled in the report.
Key Questions Addressed in the Study
- What is the Licorice Candy Market size at the global, regional, country, and segment levels?
- Who are the major companies in the Licorice Candy Market?
- What potential opportunities exist for Licorice Candy Market?
- What factors shape the current and future market conditions in the Licorice Candy Market industry?
- Which countries offer the most lucrative growth prospects by 2032?
Pages- 180 | Published: January 2024
Period of Study-
Type
Black Licorice
Red Licorice
Salty Licorice
Others
Application
Individuals
Hotels
Restaurants
Institutes
Others
Ingredient
Licorice Extract
Sugar
Starch/Flour
Gelatine
Gum Arabic
Others
Distribution Channels
Retail Stores
Supermarkets and Hypermarkets
Online
Others
Packaging
Re-closable Zipper Bags
Lay Down Bags
Overwraps
Stand Up Pouches
Others
Geographic Coverage-
- North America (US, Canada, Mexico);
- Europe (Germany, UK, France, Spain, Italy, Russia, Other Europe);
- Asia Pacific (China, India, Japan, South Korea, South East Asia, Other Asia Pacific);
- South America (Brazil, Argentina, Others);
- Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, South Africa);
Mars, Incorporated
Mondelez International, Inc.
Barcel, S.A. de C.V.
Nestlé S.A.
The Hershey Company
Meiji Holdings Co., Ltd.
Perfetti Van Melle S.p.A.
Haribo GmbH and Co. KG
August Storck KG
Yildiz Holding
United Confectioners JSC
Jelly Belly Candy Company
American Licorice Company
Qualitative Analysis- Trends, Drivers, Challenges, Porter’s Five Forces, Competitive Strategies
Table of Contents
187 Pages
- 1. Introduction
- 1.1 Licorice Candy Market Overview, 2024
- 1.2 Market Definition
- 1.3 Licorice Candy Market Size Outlook and Growth Forecasts, 2018- 2032
- 1.4 Incremental Growth Outlook, 2018-2032
- 1.5 Leading Market Vendors
- 2. Methodology
- 2.1 Market Segmentation and Scope
- 2.2 Research Methodology
- 2.3 Primary and Secondary Sources
- 2.4 Data Triangulation
- 3. Premium Insights
- 3.1 Leading Licorice Candy Market Types in 2023
- 3.2 Fastest Growing Licorice Candy Market Segments between 2024 and 2032
- 3.3 Largest Licorice Candy Market Countries in 2023
- 3.4 Potential Investment Markets over the Forecast Period
- 4. Historical Market Size Data
- 4.1 Global Licorice Candy Market Size, 2018- 2023
- 4.2 Global Licorice Candy Market Size by Segments, 2018-2023
- 4.3 Global Licorice Candy Market Size by Country, 2018- 2023
- 5. Strategic Analysis Framework
- 5.1 Market Dynamics
- 5.2 Key Trends and Drivers Shaping the Market Outlook
- 5.3 Potential Challenges in Licorice Candy Market Industry
- 5.4 Five Forces Analysis
- 5.4.1 Supplier Power
- 5.4.2 Buyer Power
- 5.4.3 Threat of Substitutes
- 5.4.4 Threat from New Entrants
- 5.4.5 Competitive Rivalry
- 5.5 Scenario Analysis
- 5.5.1 Base Case: Global Licorice Candy Market Outlook, 2024- 2032
- 5.5.2 Low Growth Case: Global Licorice Candy Market Outlook, 2024- 2032
- 5.5.3 High Growth Case: Global Licorice Candy Market Outlook, 2024- 2032
- 6. Licorice Candy Market Forecast Market Size Data
- 6.1 Global Licorice Candy Market Size, 2024- 2032
- 6.2 Global Licorice Candy Market Size by Segments, 2024-2032
- 6.3 Global Licorice Candy Market Size by Country, 2024- 2032
- 7. Licorice Candy Market Outlook by Segments
- Type
- Black Licorice
- Red Licorice
- Salty Licorice
- Others
- Application
- Individuals
- Hotels
- Restaurants
- Institutes
- Others
- Ingredient
- Licorice Extract
- Sugar
- Starch/Flour
- Gelatine
- Gum Arabic
- Others
- Distribution Channels
- Retail Stores
- Supermarkets and Hypermarkets
- Online
- Others
- Packaging
- Re-closable Zipper Bags
- Lay Down Bags
- Overwraps
- Stand Up Pouches
- Others
- 8. North America Licorice Candy Market Size Outlook, 2021-2032
- 8.1 North America Licorice Candy Market Outlook by Type, 2021- 2032
- 8.2 North America Licorice Candy Market Outlook by Segments, 2021- 2032
- 8.3 North America Licorice Candy Market Outlook by Country, 2021- 2032
- 8.4 US Licorice Candy Market Size Forecast, 2021- 2032
- 8.5 Canada Licorice Candy Market Size Forecast, 2021- 2032
- 8.6 Mexico Licorice Candy Market Size Forecast, 2021- 2032
- 9. Europe Licorice Candy Market Size Outlook, 2021-2032
- 9.1 Europe Licorice Candy Market Outlook by Type, 2021- 2032
- 9.2 Europe Licorice Candy Market Outlook by Segments, 2021- 2032
- 9.3 Europe Licorice Candy Market Outlook by Country, 2021- 2032
- 9.4 Germany Licorice Candy Market Size Forecast, 2021- 2032
- 9.5 France Licorice Candy Market Size Forecast, 2021- 2032
- 9.6 United Kingdom Licorice Candy Market Size Forecast, 2021- 2032
- 9.7 Spain Licorice Candy Market Size Forecast, 2021- 2032
- 9.8 Italy Licorice Candy Market Size Forecast, 2021- 2032
- 9.9 Russia Licorice Candy Market Size Forecast, 2021- 2032
- 9.10. Rest of Europe Licorice Candy Market Size Forecast, 2021- 2032
- 10. Asia Pacific Licorice Candy Market Size Outlook, 2021-2032
- 10.1 Asia Pacific Licorice Candy Market Outlook by Type, 2021- 2032
- 10.2 Asia Pacific Licorice Candy Market Outlook by Segments, 2021- 2032
- 10.3 Asia Pacific Licorice Candy Market Outlook by Country, 2021- 2032
- 10.4 China Licorice Candy Market Size Forecast, 2021- 2032
- 10.5 India Licorice Candy Market Size Forecast, 2021- 2032
- 10.6 Japan Licorice Candy Market Size Forecast, 2021- 2032
- 10.7 South Korea Licorice Candy Market Size Forecast, 2021- 2032
- 10.8 Australia Licorice Candy Market Size Forecast, 2021- 2032
- 10.9 South East Asia Licorice Candy Market Size Forecast, 2021- 2032
- 10.10 Rest of Asia Pacific Licorice Candy Market Size Forecast, 2021- 2032
- 11. South America Licorice Candy Market Size Outlook, 2021-2032
- 11.1 South America Licorice Candy Market Outlook by Type, 2021- 2032
- 11.2 South America Licorice Candy Market Outlook by Segments, 2021- 2032
- 11.3 South America Licorice Candy Market Outlook by Country, 2021- 2032
- 11.4 Brazil Licorice Candy Market Size Forecast, 2021- 2032
- 11.5 Argentina Licorice Candy Market Size Forecast, 2021- 2032
- 11.6 Rest of South and Central America Licorice Candy Market Size Forecast, 2021- 2032
- 12. Middle East and Africa Licorice Candy Market Size Outlook, 2021-2032
- 12.1 Middle East and Africa Licorice Candy Market Outlook by Type, 2021- 2032
- 12.2 Middle East and Africa Licorice Candy Market Outlook by Segments, 2021- 2032
- 12.3 Middle East and Africa Licorice Candy Market Outlook by Country, 2021- 2032
- 12.4 Saudi Arabia Licorice Candy Market Size Forecast, 2021- 2032
- 12.5 UAE Licorice Candy Market Size Forecast, 2021- 2032
- 12.6 Rest of Middle East Licorice Candy Market Size Forecast, 2021- 2032
- 12.7 South Africa Licorice Candy Market Size Forecast, 2021- 2032
- 12.8 Nigeria Licorice Candy Market Size Forecast, 2021- 2032
- 12.9 Egypt Licorice Candy Market Size Forecast, 2021- 2032
- 12.10 Rest of Africa Licorice Candy Market Size Forecast, 2021- 2032
- 13. Competitive Landscape
- Customer landscape overview
- Mars, Incorporated
- Mondelez International, Inc.
- Barcel, S.A. de C.V.
- Nestlé S.A.
- The Hershey Company
- Meiji Holdings Co., Ltd.
- Perfetti Van Melle S.p.A.
- Haribo GmbH and Co. KG
- August Storck KG
- Yildiz Holding
- United Confectioners JSC
- Jelly Belly Candy Company
- American Licorice Company
- 14. Appendix
- 14.1 Knowledge Store
- 14.2 Available Customization Options
- 14.3 Related Reports
- 14.4 Inclusions and Checklist
- 14.5 Limitations of the Study
- 14.6 List of Abbreviations
Pricing
Currency Rates
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